Ferrite magnets are common magnets distinguished by their black color.They are made of corrosion-resistant materials. Thus, they can be safely used outdoors. Key advantages of ferrite magnets include: low price, resistance to temperatures of up to 250°C, usability in every weather conditions.
Ferrite magnets have found their usage in many industries, including, but not limited to:
-measuring instruments, such as water meters
-magnetic clutches
-magnetic separators (where, as part of the recycling process, scrap metal is separated from other waste)
-handles
-compasses
-speakers